Fantasy, but I feel this could really happen...
July 2003 - IBM will quietly issue a press release saying that PPC 970 chip fabrication is being ramped up to full capacity.
About a week after that, perhaps at MW [maybe?], updated PowerBooks will be announced, with the MPC7457, running up to 1.25-1.33 ghz, with 133 mhz busses.
About a week later, Apple will speed bump the iMac. These will include the MPC7457 at a vartiety of speeds, with 133 and possibly 167 mhz busses.
No material changes to any of the designs of these machines, but some feature bumps [ie FW 800, Airport X accross the lines] will be there.
The iBook will join the G4 family in this later half of the year, but with the older MPC7455 chips running up to say 1.1 ghz. The eMac line will share the same MPC 7455 at up to maybe 1.1 ghz. These both will retain the 133 mhz bus and same form factor/feature set, except for APX.
About a week after that, end of July/early August, after the rumor sites and forums have had multiple anurisms talking about the 7457 and what is means, Apple will announce at a press event, streamed to the web and its own stores, updated wind-tunnel PowerMac G4s, with the 7457, running from 1.42-1.6 ghz. Then when everyone is let down and about to moon the stage..."one more thing." The PowerMac G5/xMac/SuperMac G5/whatever name if it changes is announced with the PPC 970, running at 1.6-2.0 ghz, with a new case design, full DDR, yada, yada, yada.
Everyone is happy and enjoys the rest of the love in.
We will not see PowerBook 970s until at least early 2004, maybe later, after it has gone to the 9nm process.
